See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 10-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
| Provider | Service type | Compensation |
|---|---|---|
ALERUS FINANCIAL, N.A.9+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $37,404 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $57,787 | $80,968-28.6% | $96,544-40.1% | $75,163-23.1% |
| Participation rate | 74.1% | 71.8%+2.3pp | 76.0%-1.9pp | 67.2%+6.9pp |
| Annual return | -10.79% | 27.06%-37.9pp | 25.84%-36.6pp | 160.62%-171.4pp |
| Employer contribution / active EE | $2,110 | $2,282-7.5% | $2,965-28.8% | $2,670-21.0% |
| Participant deferral / active EE | $3,671 | $3,928-6.5% | $4,851-24.3% | $4,125-11.0% |
| Admin fee / account holder | $430 | $6,724-93.6% | $8,252-94.8% | $5,651-92.4% |